KUALA LUMPUR – Tekun Nasional has launched a special Inisiatif Prihatin Banjir scheme for Tekun entrepreneurs affected by the recent floods.
Entrepreneur Development and Cooperatives Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the Tekun Nasional facilities include a moratorium of up to six months for entrepreneurs having difficulty with their financing repayments.
He said Tekun entrepreneurs affected by the floods are allowed to withdraw savings in their financing accounts and can also reschedule their financing repayment.
"For Tekun entrepreneurs whose business premises and stock were damaged in the flood, they can apply for overlapping financing to restart their business.
"During this difficult period, the entrepreneurs should be assisted to ensure that they can continue their business and for their survival," he said in a statement today.
According to the Entrepreneur Development and Cooperatives Ministry, entrepreneurs can submit their applications at all Tekun branch offices by enclosing two photographs of their business premises, goods or stock, or house that were damaged in the floods, as well as verification from the Tekun officer at the nearest branch office.
Applications can be submitted within three months from the date of the disaster, it said, adding that more information on the initiative will be announced by Tekun soon.
Since its inception in 1998 until 2020, Tekun Nasional has provided business financing worth RM6.4 billion to 474,965 entrepreneurs nationwide. – Bernama, January 20, 2021
